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Legal overview: prediction markets federal-lawful as CFTC exchanges, states' role split

  • Legal overview: prediction markets federal-lawful as CFTC exchanges, states' role split — A state-by-state legal overview as of October 2026 finds prediction markets legal under federal law as CFTC-regulated exchanges, with the open question of whether sports contracts must also follow state gambling laws: two federal appeals courts say yes, one says no, and three petitions are waiting at the U.S. Supreme Court. (World Sports Network)

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